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Personal Finance

Assignment: Career and Income Planning Portfolio

Excel Model: SMART Goals Template

Chapter 6: Consumer Decision-Making

Flashcard: Chapter 3 & 4

Chapter 5: Budgeting and Expense Management

Chapter 5: Budgeting and Expense Management Quiz

Chapter 5: Budgeting and Expense Management Quiz

Assignment: Comprehensive Budget Proposal

Chap 5 Storybook

Chapter 7: Saving and Emergency Funds

Chapter 6: Consumer Decision-Making

Chapter 6: Consumer Decision-Making Quiz

Chapter 7: Saving and Emergency Funds

Chapter 7: Saving and Emergency Funds Quiz

Case Study: Revising Goals

Excel Model: Bill Tracker

Chapter 8: Credit Management and Implications

Elementary chap 7 storybook

Excel Model: Finance Zero-Based Budgeting Analysis

Excel Model: Personal Monthly Budget

Chapter 8: Credit Management and Implications

Chapter 8: Credit Management and Implications Quiz

Excel Model: Student Budget

html The Minimum payment Trap activity

Chapter 9: Investing Basics

Elementary Chapter 8 storybook

Case Study: Creating a Budget

Html The Expense Ratio Race Activity

Flashcard: Chapter 5 & 6

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Chapter 8: Credit Management and Implications Quiz

Personal Finance
Chapter 8: Credit Management and Implications
Chapter 8: Credit Management and Implications Quiz

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Question 1 of 10

1. Question
1 point(s)

What does APR stand for in the context of credit costs?

Annual Payment Rate
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Annual Percentage Rate
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Annual Penalty Rate
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Annual Principal Rate
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Question 2 of 10

2. Question
1 point(s)

Which type of loan typically requires collateral?

Secured loan
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Unsecured loan
Correct Incorrect Correct answer

Payday loan
Correct Incorrect Correct answer

Student loan
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Correct

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Question 3 of 10

3. Question
1 point(s)

What should a consumer do first if they identify an incorrect billing statement?

Contact the Better Business Bureau
Correct Incorrect Correct answer

Contact the billing company
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File a complaint with the Federal Trade Commission
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Ignore the error
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Question 4 of 10

4. Question
1 point(s)

Secured credit cards require a cash deposit that serves as collateral.

True
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False
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Question 5 of 10

5. Question
1 point(s)

The Truth in Lending Act (TILA) requires lenders to provide clear disclosure of credit terms.

True
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False
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Incorrect

Question 6 of 10

6. Question

3 point(s)

Definition

Sort elements

Annual cost of borrowing including interest and fees
Time during which no interest is charged on a balance if paid in full
Charges incurred for making a payment after the due date

APR	Correct Incorrect Correct answer

Grace Period

Correct Incorrect Correct answer

Late Fees

Correct Incorrect Correct answer

Correct

Incorrect

Question 7 of 10

7. Question

3 point(s)

Definition

Sort elements

Requires collateral, lower interest rates
No collateral required, higher interest rates
Short-term, high-interest loan with quick repayment

Secured Loan

Correct Incorrect Correct answer

Unsecured Loan

Correct Incorrect Correct answer

Payday Loan

Correct Incorrect Correct answer

Correct

Incorrect

Question 8 of 10

8. Question
1 point(s)

Arrange these steps in resolving a billing statement error in the correct order: Review the statement, Contact the billing company, Escalate to consumer-advocacy agencies, Keep a record of all communications. (put the first step at the top)

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

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Question 9 of 10

9. Question
1 point(s)

Rank these types of loans from lowest to highest typical interest rates:

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

answer is Correct is the Correct Answer answer is Incorrect

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Question 10 of 10

10. Question
1 point(s)

How does regularly checking your credit report and disputing inaccuracies contribute to maintaining a healthy credit score?

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Grading can be reviewed and adjusted.

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